A magnetic shape memory alloy with nonstoichiometric Ni5oMn27Ga23 was prepared by using melt-spinning technology. The martensitic transformation and the magnetic-field-induced strain (MFIS) of the polycrystalline melt-spun ribbon were investigated. The experimental results showed that the melt-spun ribbons underwent thermal-elastic martensitic transformation and reverse transformation in cooling and heating process and exhibited typical thermoelastic shape memory effect. However the start temperature for martensitic transformation decreased from 286 K for as-cast alloy to 254 K for as-quenched ribbon and Curie temperature remains approximately constant. A particular internal stress induced by melt-spinning resulted in the formation of a texture structure in the ribbons, which made the ribbons obtain larger martensitic transformation strain and MFIS. The internal stress was released substantially after annealing, which resulted in a decrease of MFIS of the ribbons.
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